High-compensated Workers Worry About Health Costs.
Who worries more about healthcare costs – lower-compensated or higher compensated employees?
Answer – Both groups worry equally about their out-of-pocket health care costs, as reported by a PNC Services Group survey of 1,485 employees. Almost 52 percent of all respondents – regardless of income -cited the unpredictability of health care expenses as their No. 1 financial-planning concern.
Other common financial-planning fears that affect staff members of all salary levels –
eldercare. Over half the respondents with children were afraid their offspring may be forced to pay for the parents’ long-term care, and
financial stability. 47 percent of mid- to high-salary staff members said they were concerned about sustaining or increasing wealth.
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